MANILA, Philippines — The World Bank has retained its 8.1 percent economic decline projection for the Philippines in 2020, putting the country among the worst performers in the East Asia and Pacific region owing to the prolonged lockdown. In its January 2021 Global Economic Prospects, the multilateral bank maintained its December projection of a contraction […]
Read MoreAgriculture Minister Veng Sakhon yesterday reiterated a call for authorities to prevent the smuggling of farmed fish from neighbouring countries to supply local demand. The move is to protect the local farmed fish industry. Sakhon made the call during a visit to the farmed fish zone in Phnom Penh’s Prek Pnov district. He also called […]
Read MoreDiscounts on condo prices should continue into the first quarter of 2021 as developers want to drain unsold inventory as much as possible, says a property website. Kamolpat Swaengkit, country manager of DDproperty.com, said many developers keep reducing unsold condo inventory to prepare for new project launches in the second half. “Developers still want to […]
Read MoreThe Hanoitimes – As market markers, entities have the right to participate in the issuance and repurchase of government bonds and notes via bidding. The Ministry of Finance (MoF) has released a list of 17 commercial banks and securities firms subject to join the Government bonds market this year, an increase of four new entities compared […]
Read MoreMANILA, Philippines — The Philippines is likely to be the last country in Asia-Pacific to fully recover from the pandemic-induced recession, with recovery seen only in the fourth quarter of 2022 while other economies are set to regain all of their lost output by the end of this year, according to Moody’s Analytics. In a […]
Read MoreSINGAPORE’S retail sales could return to positive growth as early as the first quarter of this year, said economists encouraged by the slowing decline seen in November’s data. Overall takings at the till fell 1.9 per cent in November, a surprising improvement over October’s 8.5 per cent contraction and one that the Department of Statistics […]
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Thailand
